Reliable Bookkeeping Solutions, LLC

06/19/2025

Today we recognize this day!

06/15/2025

Happy Father's Day to all the Dads out there!

05/05/2025

2024 Tax Season is behind us. What is one thing you wish could change about your results?

01/28/2025

12/31/2024

Anyone who has seen my posts knows by now this ruling has gone back and forth in the courts. I am recommending to all my clients to complete this filing regardless of the back and forth.

I know and understand others may not want to do this, and as long as its voluntary that is your choice. Please educate yourself on the potential penalties should the filings be reinstituted yet again, and you miss the filing deadlines. Visit the below site!

https://fincen.gov/boi

⏰ Don’t miss the new deadlines—here’s what you need to know!

Following a December 23, 2024, federal Court of Appeals decision, reporting entities are once again REQUIRED to file beneficial ownership information with FinCEN.

However, recognizing that the previous injunction may have impacted companies’ ability to meet the original deadline, the Department of the Treasury has extended the reporting deadline as follows.

Businesses can submit their BOI reports electronically for free through FinCEN's BOI E-Filing system, which is accessible at https://boiefiling.fincen.gov/

Have questions? Drop them below!

12/30/2024

⏰ Don’t miss the new deadlines—here’s what you need to know!

Following a December 23, 2024, federal Court of Appeals decision, reporting entities are once again REQUIRED to file beneficial ownership information with FinCEN.

However, recognizing that the previous injunction may have impacted companies’ ability to meet the original deadline, the Department of the Treasury has extended the reporting deadline as follows.

Businesses can submit their BOI reports electronically for free through FinCEN's BOI E-Filing system, which is accessible at https://boiefiling.fincen.gov/

Have questions? Drop them below!

12/29/2024

Today’s downtime couldn’t come at a worse time for business owners rushing to wrap up year-end tasks.

It’s a tough reminder that software alone isn’t enough to keep your finances on track during critical moments.

The good news? We’re still accepting new clients for catch-up, clean-up and monthly services!

Let’s make sure you finish strong, book a call today and let us help you get your books back on track!

12/06/2024

As the year wraps up, it’s time to ensure your tax forms are in order if you have employees and/or independent contractors.

Here are a few key forms small business owners need to know about, along with their upcoming deadlines.

Have questions? Drop them below and save this post for later!

12/04/2024

ear-end is here, and it’s time to wrap up your books!

Here’s a quick guide to help you:

1. Reconcile your accounts.
Match your bank, credit card, and payment platform statements to your records.

2. Organize your transactions.
Make sure all your income and expenses are in the right categories. This is a lifesaver come tax time!

3. Check outstanding invoices and bills. Follow up on unpaid invoices (hello, cash flow!) and pay any unpaid bills.

4. Run your Profit & Loss, Balance Sheet, and Cash Flow Statement to get a clear picture of your business’s financial standing and identify any adjustments needed.

5. Gather your receipts, scan them, and upload the digital copies to a designated folder in your cloud storage and get everything ready for your tax pro.

Taking a little time now saves a LOT of headaches later.

If you’d rather not deal with the details, we got your back! Contact us today!

You’ll thank yourself later!

12/04/2024

Did you know these are two of the biggest comments or questions I run into? Its amazing how automatically categorizing transactions can cause mistakes costing your $1,000+ in increased tax cost and/or potential penalties. There is still time in 2024 to review your books and make sure you are maximizing your tax planning. Message me today for a complementary review!